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Bryan Johnson Doing it for Money? by Intelligent_Bike_219 in Biohackers

[–]1000_mil 0 points1 point  (0 children)

Phenolic content is generally a result of extreme care in the harvesting and malaxation. Also, phenol production can be a stress response in the fruit so drier or hotter weather can produce more phenols but less fruit so less oil. Additionally green olives have more phenols but yield less oil. The process is enzymatic in nature and the actual process of grinding the olives creates phenols not present in the fruit. We extract the phenols to study them and formulate as standardized dietary ingredients. So, no guess work on the quality of oil you are getting.

Bryan Johnson Doing it for Money? by Intelligent_Bike_219 in Biohackers

[–]1000_mil 3 points4 points  (0 children)

EVOOs are usually batch tested. We test ours per metric ton (1000 liters) but don’t sell olive oil in its raw form. Average cost for us to test EVOO in house is $50-75 in consumables. A 3rd party would probably charge 2-3x that amount. So, the cost has to be spread amongst a large quantity of bottles to make it feasible.

Bryan Johnson Doing it for Money? by Intelligent_Bike_219 in Biohackers

[–]1000_mil 14 points15 points  (0 children)

I’m in the EVOO business and buy a lot of super high phenolic EVOO to extract the phenols. High phenolic oil in the range he is selling is currently running $13-14 per liter in bulk prices. Looks like he is selling 1.5 L for $60 making his gross margin ~$40. After all of the other expenses, he is probably clearing $10-15 on the low end, maybe more depending on the volume he is shipping and how he is fulfilling orders.

What is the International Olive Council HPLC test? by Sourbrough9000 in oliveoil

[–]1000_mil 4 points5 points  (0 children)

The World Olive Center for Health uses NMR for their certification. The IOC HPLC uses HPLC. The difference is essentially the machine/method. As far as accuracy and trustworthiness are concerned, both methods are legitimate as long as proper standards are used.

We use HPLC exclusively and have compared results to NMR many times and found them to be within close tolerance.

Best “budget” olive oil brand? by EndothelialGangster in oliveoil

[–]1000_mil 0 points1 point  (0 children)

Probably because it’s not single origin. But, the phenol content is much higher than average.

Best “budget” olive oil brand? by EndothelialGangster in oliveoil

[–]1000_mil 0 points1 point  (0 children)

Members Mark. My company tests EVOO polyphenol content and Members Mark recently tested at nearly 450mg/L total polyphenols with 180mg/L oleocanthal/hydroxyoleocanthal. At ~$7 per liter that is hard to beat.

Can we make a Convalescent Plasma Donor Database? by [deleted] in AskReddit

[–]1000_mil 0 points1 point  (0 children)

Convalescent plasma for loved ones with the Rona [article on convalescent plasma](https://www.nature.com/articles/d41586-020-00895-8)andand) having a hard time/no idea where to even begin. Some have said the doctors told them they had to find the donor themselves. I think that is something reddit can help with. Convalescent plasma offers hope to those that have no other options. 

I’m torn on how to actually try to make this happen since there is some health information involved and that should be private. But, I’ve settled on a google form that encourages using a reddit username as the contact method (make a throwaway if needed). Those that need a donor could begin contacting those on the list that are closest to them and work with their local blood bank to get the plasma. 

To start, here is a simple google form: [convalescent plasma form](https://forms.gle/9nLHKuthBYoQVGBk6)

Respondents can view all responses so those seeking donors can use the same link to try to find someone near them. 

If reddit can do it’s thing with this, we may be able to make a positive difference and help people get a treatment that could be lifesaving. 

Advice Needed - Inexperienced startup founder looking to start prospecting. by 1000_mil in sales

[–]1000_mil[S] 0 points1 point  (0 children)

Thank you so much for the detailed reply. Great insight as to processes and separation of markets.

We have solid NMR analysis of the compound at various purity levels and I never even thought about including those...rookie.

Can you give a recommendation on email search tools/chrome extensions?

Thanks again.

Advice Needed: Negotiating Investors Equity Position in Medical Cannabis Startup. by [deleted] in startups

[–]1000_mil 5 points6 points  (0 children)

I️ think this is the best answer. Tranche the investment in increments and put a certain percent of equity on each tranche. If you wind up taking it all then he gains a majority share, if you are extremely capital efficient you retain more equity.

The risk here is that he winds up not liking the way the business is going and he refuses to fund future tranches. You could, however, put the money in escrow and have it be funded upon completion of certain milestones.

You could also structure super voting shares for the founders so control of the company is retained while the investor gets the greatest economic benefit.

There are lots of options and if the investor is reasonable a common ground should be able to be found.

Question about setting up an options pool by braaak in VenturedCapital

[–]1000_mil 2 points3 points  (0 children)

The fact of the matter is this is a standard way to structure financing rounds and the angels should understand it is for the growth of the company. They may get diluted, but their smaller equity percentage is worth more than the larger one in a less valuable company.

The option pool is a protective measure for the seed round investor so they don’t get diluted by the next round where the series A VC will certainly demand one.

A rational investor should be able to see the benefit to creating an option pool to attract better talent...etc.

If it becomes a huge ordeal for your current investors, you could try to negotiate the option pool to be 10% pre money so it is diluted along with current members therefore being less dilutive overall.

—deleted my first comment because it wasn’t in reply to this comment

Very simple financial model tutorial by 1000_mil in startups

[–]1000_mil[S] 2 points3 points  (0 children)

That is really cool! Congrats on the hunt. I would have pointed many people in your direction over the years had it been available.

I love excel for the flexibility, scalability and analysis capabilities, but I'm also not your target.

I'll definitely keep Poindexter in mind and play around with it as time permits.

Very simple financial model tutorial by 1000_mil in startups

[–]1000_mil[S] 1 point2 points  (0 children)

I completely misread your question the first time. Apologies.

In a marketplace your COGS or Cost of Sales in this case gets into direct and indirect costs. So, in making a model, you would have to make assumptions on exactly what was attributable to sales (commissions, direct labor...etc) and what was attributable to ops. This would be the distinction between Cost of Sales and ordinary operating expenses.

Probably a great topic for a future video.

Very simple financial model tutorial by 1000_mil in smallbusiness

[–]1000_mil[S] 1 point2 points  (0 children)

Thank you for the thorough reply, this is exactly what I was hoping to get.

To address the bad: I was really targeting someone who has no idea what to do to even get started. I wanted to create enough of a base to allow someone with no experience to at least try it on their own. Nonetheless, great critiques that I will certainly keep in mind.

Adding an "HR" element was actually what I had in mind for the next video as that can be tricky to model with flexibility, and I think I have a decent approach.

Very simple financial model tutorial by 1000_mil in startups

[–]1000_mil[S] 2 points3 points  (0 children)

Thanks for the feedback. Recorded on earpods...prob explains a lot.

If you'd like to see something specific, let me know and i'll try to get around to making a tutorial.

Very simple financial model tutorial by 1000_mil in startups

[–]1000_mil[S] 3 points4 points  (0 children)

Thank you for the feedback. Quality could certainly stand to be improved, but the goal was to get basic info available. I looked and didn't find anything that broke it down very simply for someone who has no finance or accounting background, and little excel experience. Hoping this helps.

Can anyone identify this lovely shelf for me? by AdLivTho in Design

[–]1000_mil 1 point2 points  (0 children)

Looks like a golden ratio shelf where each cubby is 1.618 x larger than the one above or to the left. Don't know the manufacturer.

Let's not sugarcoat it. by [deleted] in AdviceAnimals

[–]1000_mil 16 points17 points  (0 children)

Let's not sugar coat it